*PEACHLAND DEVELOPMENT OPPORTUNITY: MODULAR HOME COMMUNITY* Rare opportunity to acquire or partner on a fully analysed 20acre residential development site in Peachland. The project is close to shovel-ready to convert underutilised industrial land into a 105-unit, master-planned modular home community. This opportunity addresses Peachland's need for attainable housing and is positioned for strong developer and investor returns. The land is wholly owned, unencumbered, and supported by extensive technical groundwork, with all major development risks identified and mitigated. The proposed concept features approximately 105 detached modular homes (1,200-1,700 sq. ft.) targeting retirees, down-sizers, and attainable ownership buyers. Key advantages include faster construction timelines, predictable pricing, and proven demand in the Okanagan. Phase 1 financials project a gross profit of \~$22.6M, with Phase 2 offering an upside of \~65 additional units. Servicing and infrastructure costs have been fully identified and budgeted. OCP amendment and rezoning are the remaining steps. *OPTION 2 INDUSTRIAL PARK* Keep the zoning as is and continue with the Industrial Park. The existing 40x100 warehouse and property are leased out for approximately $16,000 a month. Opportunity to build 7 more warehouses with 1 site already prepped and ready to poor concrete for a 50x100 warehouse.. Sewer, septic, water and gas to the existing warehouse. Seller will entertain Joint Venture (id:67517)
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Property Details
MLS® Number 10374058 Property Type Industrial Neigbourhood Peachland AmenitiesNearBy Public Transit, Recreation Features Level Lot -
Building
ConstructedDate 2018 ExteriorFinish Metal FireProtection Controlled Entry RoofMaterial Metal RoofStyle Unknown SizeInterior 4,000 Sqft Type Other UtilityWater Municipal Water Additional Parking RV -
Land
AccessType Easy Access Acreage Yes CurrentUse Industrial LandAmenities Public Transit, Recreation LandscapeFeatures Level Sewer Septic Tank SizeIrregular 20.61 SizeTotal 20.61 Ac|10 - 50 Acres SizeTotalText 20.61 Ac|10 - 50 Acres -
Rooms
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Utilities
Electricity Available Natural Gas Available Telephone Available Sewer Available Water Available
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October 19 2026 10:30:16
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